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May 1, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Tulsa, Business Loans > Arvest Bank Tulsa Business Loans > Drycleaning And Laundry Services Loan | ||||
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Banks Doing SBA Loans in Oklahoma
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Tulsa, Oklahoma Bank Lends Money to Drycleaning And Laundry Services Company in Poteau, OklahomaWant to talk with a Tulsa, Oklahoma bank about a small business loan? Here's one Oklahoma business loan, issued by a Tulsa bank, that was approved by the SBA. Applying for an SBA loan with Arvest Bank worked out well for our friends at one local company in Poteau, Oklahoma. The business was able to get an SBA loan for $118,000. Awesome! SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender ARVEST BANK This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 8/10/2006 Loan Approval Gross Amount $118,000 Loan Approval from the SBA Of the total $118,000 loan amount, the SBA guaranteed $59,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Poteau or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Small Bank Loans in Tulsa, Oklahoma SBA Participating Banks in Oklahoma
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